BlackRock

Latest benchmark ranking of asset managers by ShareAction warns progress on sustainable investment is stagnating, even as climate risks intensify

Shareholder support for climate resolutions at major firms hit a new low last year, despite evidence showing corporate decarbonisation efforts are helping to deliver attractive returns

The collapse of the idea that a voluntary alliance of financial sector firms could drive sufficient climate and nature ambition is an opportunity to focus on the real issues, writes Finance Innovation Lab's Jon Dennis.

Voluntary member group to carry out internal review aimed at ensuring it 'remains fit for purpose in new global context', as ESG backlash among US firms continues to gather pace

World's biggest asset manager becomes the latest big name to walk away from collective green finance efforts following backlash from US Republicans

Plus Masdar snaps up Greek renewables developer Terna Energy, Spain offers 'climate leave' to workers, and all the top green business news from around the world this week

Latest major funding round from big name investors to support pipeline of 40 carbon removal projects

In his annual letter to investors, BlackRock CEO argues decarbonisation and energy security pressures mean the clean energy transition remains the top investment trend for 2024

Asset managers confirm they are not renewing membership of investor group, which pressures world's biggest carbon emitting firms to disclose and reduce their emissions

ShareAction describes 2023 voting record as 'deeply concerning' and 'the worst result we've seen from asset managers in recent years'